Timothy T. O’dell Sells 2,278 Shares of CF Bankshares Inc. (NASDAQ:CFBK) Stock

CF Bankshares Inc. (NASDAQ:CFBK) CEO Timothy T. O’dell sold 2,278 shares of CF Bankshares stock in a transaction on Friday, December 13th. The shares were sold at an average price of $27.28, for a total transaction of $62,143.84. Following the completion of the sale, the chief executive officer now directly owns 313,143 shares of the company’s stock, valued at approximately $8,542,541.04. The trade was a 0.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

CF Bankshares Price Performance

Shares of NASDAQ CFBK opened at $24.07 on Thursday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.13. The firm’s 50-day simple moving average is $26.51 and its 200 day simple moving average is $22.73. The stock has a market cap of $123.38 million, a price-to-earnings ratio of 11.86 and a beta of 0.55. CF Bankshares Inc. has a fifty-two week low of $16.92 and a fifty-two week high of $31.17.

CF Bankshares (NASDAQ:CFBK) last posted its earnings results on Wednesday, October 30th. The savings and loans company reported $0.65 earnings per share for the quarter. CF Bankshares had a return on equity of 8.20% and a net margin of 10.63%. The company had revenue of $31.60 million for the quarter. During the same quarter in the prior year, the business earned $0.62 EPS.

CF Bankshares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, October 19th. Shareholders of record on Friday, October 11th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.16%. This is an increase from CF Bankshares’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Friday, October 11th. CF Bankshares’s payout ratio is currently 13.79%.

Institutional Trading of CF Bankshares

Institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its position in shares of CF Bankshares by 9.4% during the second quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company’s stock valued at $474,000 after purchasing an additional 2,172 shares in the last quarter. Geode Capital Management LLC increased its stake in CF Bankshares by 72.3% in the 3rd quarter. Geode Capital Management LLC now owns 37,325 shares of the savings and loans company’s stock valued at $808,000 after buying an additional 15,658 shares during the last quarter. De Lisle Partners LLP increased its stake in CF Bankshares by 10.4% in the 3rd quarter. De Lisle Partners LLP now owns 51,498 shares of the savings and loans company’s stock valued at $1,120,000 after buying an additional 4,843 shares during the last quarter. Finally, Graham Capital Wealth Management LLC bought a new position in shares of CF Bankshares during the 2nd quarter worth approximately $2,774,000. Institutional investors own 41.06% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of CF Bankshares in a research note on Tuesday, November 12th. They issued a “hold” rating on the stock.

About CF Bankshares

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.